Real Estate Law

Benefits and Challenges of Co-Borrowing to Finance Real Estate Purchases in Ontario

Real Estate Law
Todays’ Ontario Real Estate market may be described as inaccessible with its high property prices and even higher mortgage interest rates.  Many people are turning to inter-generational living situations or…

Conditional Offers in Ontario Real Estate Transactions

Real Estate Law
When deciding to purchase a property in Ontario, the buyer or buyers’ real estate agent must put together an offer to the seller. The offer can be firm, meaning with…
Pre- Construction Condos in Ontario: Legal Considerations and Potential Risks

Pre- Construction Condos in Ontario: Legal Considerations and Potential Risks

Real Estate Law
Buying a pre-construction condominium in Ontario has its risks and benefits. First, the buyer must be aware that the project that they are purchasing may not be built at all.…
Title Searching and Conveying Clean Title

Title Searching and Conveying Clean Title

Real Estate Law
A purchaser has a right under the Agreement of Purchase and Sale (“APS”) to submit requisitions, meaning making enquiries of vendor to remedy “issues” on title. Requisitions may include matters…
Mortgage Brokers vs. Banks in Ontario: Comparing Financing Options

Mortgage Brokers vs. Banks in Ontario: Comparing Financing Options

Real Estate Law
Most of us will need a mortgage when purchasing a property in Ontario. You must have a down payment from your savings and then borrow the difference from a lending…
“As Is” Clause in the Agreement of Purchase and Sale

“As Is” Clause in the Agreement of Purchase and Sale – Comprehensive Analysis

Real Estate Law
The clause “as is” in a real estate transaction refers to a disclaimer to the purchaser that the seller is not providing any warranties or guarantees with respect to the…
Legal Issues for Real Estate Agents in Ontario: A Guide for Professionals

Legal Issues for Real Estate Agents in Ontario: A Guide for Professionals

Real Estate Law
Real estate agents are entrusted with helping to find a perfect home or selling a home for top dollar in all types of market conditions.  They are also responsible for…
Risks and Benefits of Assignment Transactions in Ontario. A comprehensive Analysis

Risks and Benefits of Assignment Transactions in Ontario. A comprehensive Analysis

Real Estate Law
An Assignment sale transaction is where the original buyer (the Assignor) sells to another buyer (the Assignee) the rights to take over the Agreement of Purchase and Sale before the…
Tackling the Same-Day Closing Date Problems in Ontario: Tips for a Smooth Purchase and Sale Process

Tackling the Same-Day Closing Date Problems in Ontario: Tips for a Smooth Purchase and Sale Process

Real Estate Law
If you ask several real estate lawyers should we close our purchase and sale transaction on the same day, most would say that it is not a good idea as…
Ontario Real Estate: Does Non-Resident Sales Tax Affect CUAET Individuals?

Ontario Real Estate: Does Non-Resident Sales Tax Affect CUAET Individuals?

Real Estate Law
Recently there has been a lot of debate about whether a person who has come to Canada under a CUAET program would be granted the right to purchases property in…
Contract Default in a downward market

Contract Default in a downward market

Real Estate Law
To Abate or not to Abate, that is the question National Statistics released on April 14, 2023 shows 34.4% less real estate transactions in March 2023 than historically strong March…
Title Insurance and its Importance in Real Estate Transactions

Title Insurance and its Importance in Real Estate Transactions

Real Estate Law
Navigating the complex world of real estate can be daunting, especially when it comes to understanding the various types of protection available to homeowners. One essential aspect that often goes…